Latest Commercial Lines Headlines
All the headlines from our Commercial Lines Topic Page, ordered by recency.
Ilinets Named Vice President of Hub’s San Francisco Commercial Markets
Apr 21 2014 // Hub International Insurance Services Inc. named Artem Ilinets vice president in the San Francisco, Calif. commercial division. Ilinet’s primary role with Hub will be the deployment of risk aversive insurance...
Growth, Profitability to Continue for U.S. Commercial Lines: Fitch
Apr 21 2014 // Fitch Ratings said it maintains a stable rating outlook for the U.S. commercial lines sector due to improving profitability over the past two years and strong capital levels allowing insurers to withstand considerable...
GM’s Mid-Sized SUVs Get Good News in Insurance Safety Test
Apr 8 2014 // General Motors Co.’s Chevrolet Equinox and GMC Terrain earned the top marks among mid-size sport-utility vehicles in a test designed to simulate one of the deadliest types of front-end collisions. The two models...
Specialty Risk Associates Adds Faust as Commercial Lines Underwriter
Apr 7 2014 // Shreveport, La.-based Specialty Risk Associates Inc. announced that Cody Faust joined the firm as a commercial lines underwriter. Prior to joining Specialty Risk, Faust worked in marketing and business development for a...
Agents Can Help Small Businesses Stay on Top of New Risks
Apr 7 2014 // Small businesses face a myriad of challenges throughout the business life cycle as they embark on new ventures and grow their operations. And insurance agents can serve as their guide and help them understand risks and...
Confie Head Eyes Commercial Acquisitions for Rest of 2014
Apr 4 2014 // Confie Seguros’ president wants it known that the agency made good on its promise a year-and-a-half ago to up its buying spree and expand into standard personal and small commercial lines, all while broadening its...
Fitch Sees Growth, Profitability Continuing for U.S. Commercial Lines
Apr 3 2014 // Fitch Ratings said it maintains a stable rating outlook for the U.S. commercial lines sector due to improving profitability over the past two years and strong capital levels allowing insurers to withstand considerable...
Penn. Workers’ Comp Insurance Rates to Decline for Some Employers
Apr 1 2014 // The Pennsylvania Departments of Insurance and Labor & Industry on Monday announced a 5.15 percent workers’ compensation rate reduction, effective April 1. The officials said the reduction would save millions of...
Employers in Nevada Names Newman Chief Sales Officer, SVP
Apr 1 2014 // Employers named Russel J. Newman chief sales officer and senior vice president. Newman will be based out of Employers’ headquarters in Reno, Nev. He has more than 12 years of experience in the insurance industry, and...
ACE Names Charlton President of P/C and Micro-Business Division
Apr 1 2014 // ACE Group today announced that David Charlton has been appointed president of the Property and Casualty and Micro-business Division for ACE Commercial Risk Services. He will lead ACE’s expansion efforts into the...
Penn. High Court Reaffirms Statutory Employer Defense
Mar 31 2014 // Pennsylvania’s Supreme Court on March 26 reaffirmed statutory employer defense in a general contractor liability case, in which a subcontractor was injured during construction work. The high court’s decision...
1 in 10 Small Businesses Report Workers Under Influence of Alcohol, Drugs
Mar 28 2014 // One in 10 small businesses had employees show up for work last year while under the influence of at least one controlled substance. Small-business owners reported that alcohol, marijuana and prescription painkillers were...
Massachusetts Report Examines Workplace Risks for State Employees
Mar 27 2014 // About 3,000 Massachusetts state employees experienced job-related injuries from 2010 to 2012 serious enough to require time off, while four workers lost their lives. That’s one of the findings of a special advisory...
West Virginia Enacts Bill Protecting Pregnant Women in Workplace
Mar 27 2014 // West Virginia Gov. Earl Ray Tomblin has approved a measure to help accommodate pregnant women in the workplace. The Pregnant Workers’ Fairness Act allows employees to request modified duties and other accommodations...
Business Risk Partners, LIU Launch New E&O Policy Form for Agents, Brokers
Mar 26 2014 // Program administrator Business Risk Partners (BRP) has launched a new insurance agents and brokers professional liability form through Liberty International Underwriters (LIU), a division of Liberty Mutual Insurance....
Texas Issues Special Data Call for Commercial Property Insurance Coverage
Mar 24 2014 // The Texas Department of Insurance is issuing a special catastrophe areas data call to property/casualty insurers who write direct commercial property and businessowners insurance in Texas. Information collected under this...
Oregon Workplaces Claim 29 People In 2013
Mar 24 2014 // State workplace safety officials say 29 people died on the job in Oregon during 2013. The statistics released last week by the Department of Consumer and Business Services show a slight decrease from 2012’s figure of...
Commercial Lines Price Hikes Slowing: Towers Watson
Mar 24 2014 // Commercial insurance prices have risen for 12 straight quarters, including the latest jump of 5 percent in aggregate during the fourth-quarter of 2013. But price gains are slowing down, says Towers Watson. The global...
Agents Can Help Small Businesses Stay on Top of New Risks: Hartford School
Mar 20 2014 // Small businesses face a myriad of challenges throughout the business life cycle as they embark on new ventures and grow their operations. And insurance agents can serve as their guide and help them understand risks and...
Insurers to Illinois Lawmakers: Regulate Commercial Rideshare Insurance Coverage
Mar 16 2014 // Two of the nation’s largest property/casualty insurer trade associations have weighed in with Illinois lawmakers on the subject of insurance coverage for commercial rideshare companies, saying such companies should...